Thursday, August 28, 2008

Lower oil prices could help Alimentation Couche-Tard

Alimentation Couche-Tard could benefit from a correction in the price of crude oil.

Analyst Sara O' Brien of RBC Capital Markets noted the retailer and gad bar owner, due to report first-quarter results on Sept. 2., has seen its share price rise 20% since the fourth quarter, benefiting from an inverse correlation to crude correction....